Our systems are now restored following recent technical disruption, and we’re working hard to catch up on publishing. We apologise for the inconvenience caused. Find out more

Recommended product

Popular links

Popular links


The Economic Theory of Modern Society

The Economic Theory of Modern Society

The Economic Theory of Modern Society

Michio Morishima
October 1976
Available
Paperback
9780521291682
£38.00
GBP
Paperback

    This volume was originally published in 1976. The difference types of society in the world - capitalist, socialist, mixed, etc. - have many features in common, despite their dissimilarities. The object of this book is to make clear the economic logic of society in general, which applies to socialist as well as capitalist economies. Taking the Japanese economy as an example, part of the book tries to explain how an actual economy can deviate from the 'ideal' laws of motion, and shows that such aberrations themselves obey certain rules. In a broad sense, it belongs in the domain of the theory of comparative systems. The book is based on lectures which Professor Morishima gave to students at Osaka University in 1967–1968. It is translated from the Japanese by D. W. Anthony.

    Product details

    October 1976
    Paperback
    9780521291682
    360 pages
    229 × 152 × 20 mm
    0.53kg
    Available

    Table of Contents

    • Preface to the English edition
    • Introduction: the modern national economy
    • Part I. Rationality at the Microeconomic Level:
    • 1. Techniques of production
    • 2. The choice of techniques
    • 3. The distribution of profits
    • 4. Changes in plan
    • 5. The behaviour of the household
    • Part II. The Market Mechanism and Planning:
    • 6. The flexprice economy
    • 7. the fixprice economy
    • 8. Decentralised economic planning
    • Part III. Control by the State:
    • 9. Finance and full employment
    • Unemployment and the dual structure of the economy
    • Notes
    • Index.
      Author
    • Michio Morishima